Bitcoin Forum

Just a thought when looking at the candle chart. I believe it would be possible when total funds are huge enough.

I guess you have been into memes on social media platforms and found it funny. Bitcoin won't become a stable coin, just because it is relatively stable at $6,300 - $6,500 it doesn't mean that it will change to a stable coin like USDC, USDT(not anymore).

It was $6,500 few hours ago and now it dips again went low to $6,300 so that answers your question.

It might be possible in the future if the remaining 4 million bitcoin left are all mined possible the price of bitcoin can be stable but based on CNBC year 2140 is the expected to be completely mined all coins if it happens there is a big possibility that bitcoin can be stable as the same as tether.

If you are comparing to the bitcoin price today I think the price won't drop too much because of big supporters and they don't let bitcoin down below $6k.

That will not happen, the bitcoin price may stay more or less stable for a while, but in some moment it will move in one direction or the other.

There has been many rumors pinging underground, that, Bitcoin has finally become a stable coin like USDC but not yet convince about the philosophy of BTC becoming/become a stable coin. BTC at the moment found itself at the support zone and at a time surprise it holders of it potentials to soar higher in the future. BTC is not relatively stable and cannot become a stablecoin; "just my opinion and view".

Of course not.

  No! Bitcoin is volatile and the current bitcoins value is just temporarry stable. Because it will rise soon.

Hello,

I think this stability period is temporary. Btc will rise up again in the coming months but also more smoothly than what happened. A stable coin no, a less volatile one yes.

yes, bitcoin volatility can create a chart of stable, but bitcoin will never be a stable coin. volatility makes many people interested in bitcoin, so they invest and trade in every crypto market.

but sometimes bitcoin volatility also makes people panic and scared.

This "stablecoin" hype is getting a little out of hand! :P

I wouldn't put much stock into the current lack of volatility. It's just a temporary pause in market activity. I don't think Bitcoin could find real "stability" until after mass adoption has already occurred. Until then, the market will continue to speculate about future adoption (causing major volatility) and will probably keep going through these bubble periods like 2011, 2013 and 2017.

I think that depends on the market cycle, now bitcoin is stable at 6K. and bitcoin is never more than 7K or less than 6K.

but, you have to know, that bitcoin will not become stable coin, unless bitcoin already has regulations and supplies depleted.

bitcoin has always changed , the can not be a stable coin, their fluctuation like a cycle , they go up and down. Although they have unchanged for a long time but It won't last for a long time

Well, eventually Bitcoin will become much less volatile, because there will be no good reason to speculate anymore. Right now the volatility comes from the potential risks and rewards - but in the future it will become clear who was right. But it will always be more volatile than fiat currencies, because fiat prices are controlled by central banks. Maybe in the far future Bitcoin markets will resemble gold markets - relatively stable on day-to-day basis, but with some movement on a scale of years.

I dont think a decentralised currency could become stable, because of the repeated supply and demand the price will keep up and down, but with a mass adoption and when the supply and demand become balance maybe it could be more stable, but still it won't be as stable as fiat

the answer is no
bitcoin is not stablecoin
stablecoin backed to fiat currencies
and bitcoin from the beginning was not pegged to fiat currencies
learn more here about stablecoin: https://en.wikipedia.org/wiki/Stablecoin

i dont think its gonna happen soon, because many will get interested on it and putting money on it and at the same time heres the whalrs shorting it, so we can always see volatility of it, until sellers get exausted and everybody os buying ot and the price is too high to manipulate thats the time it will start to be atable

It does seem to have remained rather stable over the last month to my surprise. Maybe now that it has been around for a bit longer it is actually going to become a hell of a lot less volatile.

It will not. Stablecoins are created to hedge against the volatility of bitcoin and other crypto, so it would be quite ironic if bitcoin itself becomes a stablecoin. Besides, there are a lot of traders still willing to trade bitcoin and its volume remains significant. The recent dormancy in price IMO is not a sign that it's going to be a stablecoin, just not enough incentive for the people to make a push. Also, $150+ dollars have already been chipped in bitcoin's price in just 2 days. That doesn't seem to be stable, too.

I think for now the price of bitcoin is stable on the exchange market due to the recent decline in large volumes of trade. But in my opinion bitcoin prices will never be stable at any time, we only need to wait for time to see the increase in bitcoin for the coming year. Karen everyone will see bitcoin in the future at a high price.

It can become stable for a short amount of time but they can't be considered as stablecoins that's not going to work with Bitcoin since the price depends on the demand. Bitcoin will never be a stablecoin unless someone is willing to buy all 21 million at a fixed price.

In the future, once there's enough money in the crypto market Bitcoin can be less volatile because it won't be easy to clear multiple big orders from thousands of exchanges.

bitcoin will eventually become stable but it will never be a stable coin. stable coin has a different meaning and is called to coins such as Tether that are tied to another currency and are supposed to be worth the same as them for instance 1 Tether is supposed to be worth 1 USD. and that will never happen with bitcoin. but its price will be stable eventually and that takes years because first we need to reach mass adoption and with it price will continue going up.

This is still the price of Bitcoin and other cryptocurrencies seems stable. It is unlikely that this will continue for a long time. Especially now, in the last months of the year. I think the market will be moving soon. Cryptocurrency by its nature can not long stand still. Therefore, I would like to believe that this will be the rise of the market.

bitcoin will not be able to become a stable coin because bitcoin has a very limited total supply of coins and has very high demand so that many who try to find and want to have bitcoin which is the influence of bitcoin will never be stable.

But bitcoin as stable coin will make market volume not big and people will get bored. I think i will stay with bitcoin's volatile because it is which make market feel alive. Maybe other people also agree with this.

With the lack of price movement it may as well be a stablecoin, but it won't last for long. People will be dropping tether soon when the bull run begins

don't confuse this short term trend of bitcoin for the long term of what is happening. right NOW we are in a stable phase but this is not going to last. the over all trend of bitcoin is a rather speedy rise upwards. what you see here is the short term fluctuations. we have had the high volatility, the bubble and the panic sell and now we have the stability and accumulation.

as for the title question, yes bitcoin will become a lot more stable some day in the future. but we are so far away from that day because there is still a lot of rise remaining. and a lot of way to go before bitcoin is matured.

Bitcoin will be volatile as the demand increase BTC prices keep increasing it is very difficult to expect stable coins staus for bitcoin price keep fluctuating

One day, it might going to happen, we can see, that the volatility is not that enormous as some years ago. Maybe, what we experienced in the last 1-2 weeks, will be general in the future. But it surely takes time.

you have to first ask the question about why the price of bitcoin is volatile now so that we can find the reason then afterwards try to determine whether this reason can go away or not.

in my opinion the biggest reason is the fact that bitcoin is being adopted and is on rout to mass adoption and also it is because of the fact that the exchanges which are determining the price are pretty small and that makes the swings that much bigger.

It is right that what we see on market about bitcoin price doesn't mean the price is stable because principally Bitcoin and other major Crypto currency are volatile. Thus, do not think that is will be stable in in future. Indeed, for several recent months there is no significant movements of Bitcoin price.   

  I am very hopeful that bitcoin will still become a stablecoin for how many years to come. In fact, bitcoin has a good and relevant asset we could resemble as we are able to invest or buy. And maybe it takes a long period of time before we could determine its stability, as the market price are grown steadily.

for us the price of bitcoin is now also less stable, but I think at the end of the year it's likely that the price of bitcoin will rise again. because now the development of bitcoin prices is also increasing

This year alone has proven that bitcoin can easily be a stablecoin ,comevto think of it upon all the bad news from left and right this year as its still standing strong at 6k plus ,the result is impressive

For me, Bitcoin would not be stable because its nature to be volatile and we can not change it. I do not think in the future it will be stable because it has a reason why it is volatile and we can not predict when it will be rise or dosn again. Stability of bitcoin is a long discussion for all of us, for sure some are going to against and some are going to agree. Well, let we see in the future of it will stable or not.

But this can take many years to happen, I even venture to say that it could take more than 20 years for the price of bitcoin to become very stable. bitcoin is limited and still there are many people who do not know bitcoin and do not have bitcoin, so as more people are entering the world of bitcoin we will always see this volatility that we are already accustomed to.


this year we did not have much demand probably caused by regulations and the fear that people are having to lose money because they saw the price drop from $ 20,000 to $ 6,000

If it doesn't help anyone, why do we need this? Think of BTC as a USDT, it will only help to keep the money you earn and also the stability of Bitcoin will already result in slower movement of prices. Stability is not a reason for acceptance and the reason why governments do not accept Bitcoin is not due to price volatility. These are just a guess and the future will show us what will happen.

The question is what good will it bring if the price of bitcoin becomes stable? More people will start using it? I don't think so. It's been playing around the same price the part months, still only few people are being attracted towards it. Businesses will start accepting bitcoin as payment? Maybe. Maybe not.

As the base coin, it's a possibility. As bitcoin is the highest investing coin and the most renowned too, it got the better products under it and thus the profits are kinda consistent. So it might become a stable coin.

I believe bitcoin’s volatility will decrease as popularity of bitcoin (more holders) grows. Also, If in the future, the prices of products/goods are pegged only on crypto currency then the fluctuations will stop.

There is no currency that is completely stable and that means we should not expect absolutely stability in cryptocurrencies and bitcoin's pricing. I come to understand of recent that USD from inception has not be stable and it has been going against or for any other coins in pricing.  I believe that bitcoin in some days to come we would have some stability and 2019 the volatility is going to resume again.

In my own opinion regarding this matter either bitcoin will stay relatively stable and become a stablecoin, all I can say is that bitcoin has a very volatile market value and no one really knows if when bitcoin will ever go up its market value again and same as no one knows if when it's market values go down once more.

Bitcoin is volatile and the current bitcoins value is just temporarily stable. BTC at the moment found itself at the support zone and at a time surprise it holders of it potentials to soar higher in the future. BTC is not relatively stable and cannot become a stablecoin.

Yeah, but the thing is that as the market matures the more and grow in adoption, the volatility will always get to reduce over time. For instance, I am sure if you have been in this space for a very long time, and considering the volatility now to that of the past, you will realize that a lot has really changed over the years, and that is how it will keep being as more people keep coming in, and over time, when we hit the level of mainstream adoption, it will basically not be as we are seeing it today, and maybe that is something you may just get to see from smaller markets. For now though, comparing to traditional assets, we are not even close at all when it comes to volatility reduction.

No it will not happen if bitcoin is stable means there is no use to invest in it. This volatility is normally happens in the market we cannot judge with that. Now the price of bitcoin is struggling to move next position, it will clear soon. No once market correction done bitcoin returns to its growth. Till that we have to wait patience. So don't judge bitcoin with current market price.

As long people are speculating on, we will always see volatility (more or less). It's human nature, people won't stop to trade on and so the market ups/downs. Bitcoin will never be one of these coins.
With Bitcoin at $50,000 with ups and downs at $1,000 during the days, people will say it's too much volatile, while it's volatile at the same level it is currently.


But Bitcoin hasn't been created to be an investment type,

Not a chance at all. Bitcoin has always kept its volatile expect, it just not constant and all the time. Even during the 2017 year when price was at lowest 700 dollars it was 20 thousand dollars at most the price was semi-stable except the bull times. There are times the price just gets really high or low but all the rest of the time price is always stable and stands its price for a long time.

I do not believe this stagnant market will continue forever, it will definitely change, maybe when the price hits something really high and the marketcap just hits to a new high that can't pass than it will stay there for a while however until than the price will keep on fluctuating. Maybe it won't happen 7/24 but it will always be around the corner, none of us will be shocked if the price doubles in a month, that is the curse and beauty of bitcoin.

Bitcoin is not even that popular yet, considering the number of people aware of bitcoin, the number of users as well as the number of holders possibly to the whole population of the world entirely. Moreover, its stability will just be something that will basically be tagged with fiat, so in such cases, there will always be some short term fluctuations over time, but may not be as much as what we have now over time in the long run.

I believe as time goes on, when we get to have more institutional players, mainstream adoption, the likelihood of seeing the space get more matured and not so volatile as it is today is there.

Absolutely not. Bitcoin will stabilize in the future if its market cap continues to increase and the market matures, sure. But it will never become a stablecoin.

A stablecoin has to be backed by something external, like the USD. Bitcoin is not backed by anything but its own value, which means that even if its value continues to stabilize in terms of USD, it will never truly be stable as it is not pegged to fiat currencies via a central pegging mechanism.

That's honestly one of the advantages of using bitcoin as a store of value as well, it's completely separate from the fiat system and even though there is short term volatility, in the long run it should hold its value due to its limited supply.

There is no way in the world bitcoin will be a stable coin LOL that is the most far fetched thing ive heard this coin will never be stable and thats a good thing for my wallet.
well actually maybe it can be stable in like 50 years but I mean in a realistic time frame its going to be a wild ride

I don't think so. What you currently see on how btc playing in more or less than $6k is just for the mean time. This won't be forever and might grow this December. We are still far away in having a stable price or just a small swing in price or it might not going to happen because the supply and demand will always make the coin unstable.

Bitcoin is deflationary, decentralized and that makes it basically not controlled, so there is even no need going to the area of it becoming a stable coin when it is not actually tagged along or pegged with another asset. Bitcoin is a store of value, commodity, currency, asset or whatever you want to call it, but stable coin is not one of them.

The fact that we have the current market going sideways is basically something that is normal in the short term, but I would not blame a lot of people who tend to refer to what is happening so far as stability, because they have limited knowledge of how the market actually operates.

Probably, people need to understand the meaning of something before they even ask a question which in this case, I am not sure the OP tried to understand the meaning of stable coin before asking that question. Bitcoin is bitcoin, and even though we end up experiencing some level of decrease in volatility over time, which I believe is not even anytime soon, that does not make it a stable coin.

A stable coin is a coin that is pegged to a physical entity, fiat or asset as the case may be and that is what makes it a stable coin. So, considering that because we are seeing some small fluctuation as stability is even absurd.

You right, there is no permanent price in a stable condition even a strong currency like dolar can be hit by a crisis and inflation, let alone bitcoin that famous with fluctuating prices, stable prices are only temporary, don't be fooled dude. the price will definitely flare up again

Many are surprised with relatively long period of so called Bitcoin stability.
But such situation will not last for long because volatility is natural characteristic of Bitcoin price and can't vanish. Even now volatility is visible but fluctuations in price are small so this so called stability isn't real.
So, no Bitcoin will not become stable coin and no regulation orwill act of users will change that fact.

The thing is, the higher the price, the harder it is to move it as more people are involved and it needs more funds. And it can be seen with bitcoin price because throughout the history the first pumps led to higher percentage increases in price than the more recent ones. From this a conclusion can be drawn that bitcoin will become more and more stable in the future and end up being as stable as, for example, dollar.

In due course it seems likely bitcoin price will be relatively stable as there is a more consistent demand for it, but we are a long way from that stage, bitcoin would have to be established at that point and a main stay. Then its price would move similar to other established currencies, maybe up or down 10-20% in a year at most.

It will take more years for btc to become stable coin.
Even Fiat currencies are not stable and so i  think it goes also with bitcoin. Bitcoin's strength is its volatility. Many are enticed to invest with btc because they know it is volatile.

I am totally agree with this statements.
I do not think that Bitcoin as a stablecoin is possible, exactly because of basic rule of supply and demand.
With more adoption, Bitcoin will be more stable than past years, but it will never be stable like a stable coins.
Even stable coins are not totally stable, great example for that is Tether.

it seems that there will never be a coin that can be stable, everything must have an up and down price movement which will be influenced by a very high demand, so a stable coin will show that the coin has no good development.

Bitcoin is a very volatile digital currency, so it is not possible if bitcoin will become stable. The stable price of bitcoin as it is now in my opinion will not last long and bitcoin will return with a high level of fluctuations. In my opinion, the current bitcoin price is stable because the circulation is evenly distributed and the amount of volume has made fluctuations decrease, this has made prices stable for some time. So in my opinion this is only a while and not for a long time.

of course there is ,  do you here about usdt ?  that is a stable coin and that is under on crypto category .  being stable doesnt mean that a coin has no development , sure it is still being develop but its just doesnt have a volatile nature just like what we have on cryptocurrencies such as bitcoin , eth , bch , etc .

speaking of bitcoin , bitcoin is experiencing a stability right now because its value isnt moving for a long time although this might change verry soon .

I believe it won’t become a stable coin,bitcoin has only small volume to circulate the market,and theres a thread I’ve read that 7million bitcoin have gon thru air already and only fewer are to be mined,meaning in sooner time this will be extinct.for that same reason the value of bitcoin will sure go higher and higher in future.this means nothing to become stable

Bitcoin prices will never be stable and impossible to stabilize because Bitcoin has a coin that supplies only 21 million pieces of bitcoin so that it will make the price of bitcoin always have a movement and will never be stable.

You are very right. Since bitcoin was born, it was by default unstable and would never be stable. The bitcoin value lies in its instability, which is also a factor that people are interested in investing.

Well, if you want to be technical, tether isn't stable, it is just pegged to the price of the USD and that has a value that fluctuates up and down just like everything does. In reality absolutely nothing has a stable price. Unless there's some weird example I'm neglecting to think of.

What I believe is totally against your vision. No, volume of bitcoin isn’t restricted or not so little that only seven million bitcoins are in market. There is no solid fact or number for bitcoin that how much of them are now being circulated and how many people are now using them. This is a myth. Everyone just assumes its own figure and start sharing without any reference.

It cannot even become a stable coin. The issue is that people tend to love market action too much, that they get worried to say anything that comes to mind, as long as they are not getting to see that action. Sure, we are all bored to see the market moving sideways, and even traders tend to like to see some actions in the market as well.

However, this does not make the market a stable coin, because it is a decentralized market and it is not controlled based on some physical backed asset, and in that case, there will always keep being some level of volatility and even if it reduces in the long run, it would just be less and not totally become stable.

You know the price changes up and down, fast or slow ts depending on certain conditions, such as news, political conditions about cryptocureency, current trends and so on. that means it will not forever the price of bitcoin to be stable, prices can be volatile and can be slow, depending on current conditions. if in a fiat currency stable is said to be a strong currency, what about bitcoin?

It's unpredictable being a decentralized currency and we have no assurance that those dumpers will not longer exist or had left on this technology. Bitcoin will still moves in a volatile trend that depends on supply and demand of bitcoin around the world. Indeed I'm not expecting this to become a stable coin.

Stability is what we actually need for public adoptions and I don't think we would achieved that now that bitcoin and others cryptocurrencies are still at the early stages.  There is no way bitcoin bitcoin will get stable now as a currency but I believe in future when governments and financial institutions come in we should be able to achieve those stability.

There are stable coins tied to the USD but not bitcoins. Bitcoin can't be a stable coin due to its limited supply.As the supply is limited and the demand keeps increasing or decreasing, it will be the major factor in price determination.

What makes a coin stable is the fact that the value is controlled and pegged to something, which you and I both know that, is not the case for bitcoin. Like you have mentioned, what we are expecting now is just some short term less volatility which has happened way before and was even a very long period few years ago, and the fact that is happening, does not mean the market has become a stable coin, but the fact that it has reached a juncture between the bears and the bulls and it is absolutely not something that will last forever when it comes to a decentralized market.

Bitcoin prices will never be stable Bitcoin will always have price movements up and down depending on demand and bitcoin will be very difficult to predict so that the condition of the price of bitcoin does not have a definite price movement because it cannot be predicted.

Bitcoin is a decentralized one so it is not maintain a constant value. But we have some prediction this will raise or fall in future so some peoples are think about it was not stable in anytime.
 I think we have clearly say it is stay in 6k to 7k for this month and month assumption is different from each other so stable market is depends on regulation and centralisation of Bitcoin.

As we see for what price of bitcoin was this and last month bitcoin was in range 6000-7000$ and not so much fluctuation, but i think bitcoin can will always have fluctuation because is not a government coin, is not fiat money, and we should take as it is, and why not make some profit if possible.

I think that a lot of people here are misunderstanding what you mean by a stablecoin. I think what you mean is simply reduced fluctuation within bitcoin which is obviously very possible in the future with more adoption and larger market cap.

The whole reason why bitcoin is so volatile right now as opposed to something like gold which is quite similar in nature is because the markets are not yet fully mature and the market capitalisation is still extremely small compared to traditional precious metals, which is small themselves in the grand scheme of things. Investment and adoption into the bitcoin technology will definitely lead to more short term stability.

But BTC will never be truly stable relative to fiat. That's just what you get with decentralised money. Obviously, it would be a different story if merchants in the future start to price everything directly in BTC.

Simple definition of STABLE!

a : firmly established : FIXED, STEADFAST
stable opinions
b : not changing or fluctuating : UNVARYING
in stable condition
c : PERMANENT, ENDURING


And Bitcoin would never ever come to be stable! maybe on less volatility but wont really come to this point.

In my opinion, BItcoin will soon get to that "stable" state soon. We cannot really control how bitcoin will turn out for the coming years but as for the trend and how it turned up when it hit the moon, I think it will be a downward spiral from here on. Maybe BTC will be in steady at $6400 rate (as it is showing this past months). We cannot deny that there are a lot of coins that can replace BTC. Most investors now are thinking of investing into these coins because it is noticeable that BTC is propagated with whales.

Yes, there is a possibility that that would happen because when there are so many people who would bitcoin and merchants would adopt it as payment option then the vision of Satoshi making bitcoin as a currency would come true since the people would make use of it more as a currency than an investment because its price would not fluctuating as what is happening now. Maybe people then would focus on speculating more on altcoins than bitcoin for speculation purposes.

It could be possible once bitcoin has been adopted by a significant amount of people around the world, but what we're seeing now is nothing more but a phase that is transitory, we are seeing the price of bitcoin being more stable than normal just because people are afraid to invest in it, but as you can see it seems the volatility is coming back to the market because the price of bitcoin has gone down 9% in less than 24 hours.

Even if the bitcoin adopted by more people in this world there will not be any stable value for the bitcoin because it just based on demand and supply so when people sell or spend bitcoins the price will fall but anyway we are far from that because we using bitcoin for investment so surely the demand will keep changing untill all the people use bitcoin for payment not for money making.

I am very optimistic that one day bitcoin will become a stable coin. And it can be use like fiat money in the future. As we all know there are some businesses that accept bitcoin. So in the future bitcoin will be more stable.

Bitcoin will never be as stable as fiat currencies but it could become more stable with more adoption because the bigger the market cap of bitcoin the more difficult it is going to be for powerful people to move its price so it is going to be subject to less manipulation than what we are seeing right now, obviously it is going to take a long time for that to happen but it could happen if we give bitcoin enough time.

Although huge speculations are made, and everyone is thinking with its own perspective but what I think is, it will take long and long time for bitcoin to earn a currency status. Good luck.